TechNode Global Staff
Khazanah leads PolicyStreet’s $15.3 million Series B fundraising round
Malaysia's sovereign fund Khazanah Nasional Berhad (Khazanah), under its Dana Impak mandate, recently led a Series B fundraising round of a Malaysian homegrown insurance technology (InsurTech) company, PolicyStreet, raising a total of $15.3 million. PolicyStreet recent fundraising round also garnered strong support from other local and international…
UK’s YOOBIC opens Bangkok office, doubles down on Asia Pacific
YOOBIC, the all-in-one frontline employee experience platform based in United Kingdom, has on Tuesday announced the opening of its Asia Pacific (APAC) headquarters in Bangkok, Thailand, to support the company’s rapid expansion in the region.
Green investment in SEA falls 7 percent year-on-year to $5.2B in 2022, a report shows
Green investment in Southeast Asia (SEA) fell 7 percent to $5.2 billion in 2022 from $5.6 billion in 2021, continuing a downward trend from previous years. a report showed Tuesday.
Aurum PropTech acquires Indian proptech brand NestAway for $11M
Aurum PropTech (formerly known as Majesco Limited) has approved the acquisition of up to 100 percent stake in NestAway Technologies Private Limited (NestAway), a PropTech brand in India for a consideration of up to INR 90 crores ($11 million) .
Total funding into environment tech companies falls 5 percent year-on-year to $29.9B in 2022, says Tracxn
Tracxn Technologies, a global software as a service (SaaS)-based market intelligence platform, said that the funding in the environment tech sector dropped 5 percent year-on-year to $29.9 billion in 2022. The decrease of funding in 2022 was largely due to the 5 percent decline in late-stage funding from $20.6 billion in 2021 to $18.4 billion in 2022.
Vietnam’s Oxalus raises $1.1M in seed funding led by IDGCVB and Kyber Ventures
Oxalus, a Vietnam-based blockchain startup developing a non-fungible token (NFT) social commerce platform, has raised $1.1 million in seed funding led by IDGCVB and Kyber Ventures. With the new fund, the firm will consider making further investments in data development and growing its engineering team.
India’s Capillary Technologies raises $45M Series D funding from Avataar Ventures and its LPs
Indian software as a service (SaaS) startup Capillary Technologies has on Thursday announced the successful closure of its Series D funding round at $45 million. The company said in a statement that it has raised the fund from a consortium of global investors- Avataar Ventures along with its limited partners (Pantheon, 57Stars, and Unigestion), Filter…
Malaysian FinTech firm Bayo Pay raises $2.2M in funding led by VentureTECH SBI
Malaysian FinTech firm Bayo Pay (M) Sdn Bhd has raised $2.2 million Series A funding led by venture capital firm VentureTECH SBI Sdn Bhd. VentureTECH SBI and VentureTECH Sdn Bhd have invested MYR 7 million ($1.52 million) and MYR 3 million ($650,000) respectively in Bayo Pay.
Singapore private equity firm EMIA to invest in Cambodia’s FWF Full Well and Nisshin Logistics
Singapore-based private equity fund manager Emerging Markets Investment Advisers (EMIA), has on Thursday announced its investment in FWF Full Well and Nisshin Logistics (FWF), Cambodia’s logistics service provider, through its new fund, ASEAN Frontier Markets Fund (AFMF).
Crypto.com obtains license to offer digital payment token services in Singapore
Singapore-based cryptocurrency exchange company Crypto.com announced Thursday that it has received its major payment institution (MPI) license for digital payment token (DPT) services from the Monetary Authority of Singapore (MAS).
